TKMS seen up after FT report on German frigate plans
24/06/2026 07:10
BUZZ-TKMS seen up after FT report on German frigate plans ** German warship builder TKMS TKMS.DE is seen up around 7% in early Frankfurt trade
** A local trader points to an FT report saying Germany intends to scrap plans with Rheinmetall RHMG.DE to build six F126 frigates and intends to buy eight MEKO A-200 frigates from TKMS instead
** Rheinmetall RHMG.DE is seen down 2.7%
(Reporting by Emanuele Berro)
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